UPS Nearly Doubling Alternative Fuels Fleet By 2025

UPS has set a target to have 25 percent of its new vehicle purchases be alternative fuel or advanced technology vehicles by 2020 – up from 16 percent last year. By 2025 UPS wants 40 percent of its fleet to be fueled by sources other than conventional gasoline and diesel, doubling last year’s 19.6 percent. The company also wants 25 percent of the electricity it consumes to come from renewables like wind and solar in 2025, a huge increase from 0.2 percent clean energy last year. These objectives are among the goals the package delivery company outlined in its 2016 Corporate Sustainability Report as part of its goal to slash greenhouse gas emissions 12 percent by 2025. The 12-percent emissions reduction mark came from a methodology that was approved in the Science Based Targets initiative, the company said. That initiative is based on Paris climate accord standards, where com...